Thai Fund Technical Analysis (NYSE:TTF)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Thai Fund Price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the TTF Chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Thai Fund. The technical analysis form of Thai Fund Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Thai Fund Moving Average
Moving averages show the average price of TTF stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Thai Fund are mostly signals of long term trends and will help long term traders.
Thai Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Thai Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Thai Fund bollinger bands show that the Price is $11.27, upper band is 11.51, lower band is 10.55, and the average is 11.03.
Thai Fund Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the Prices will go up. The Thai Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
Thai Fund Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . 96.66 is the RSI value of TTF stock.